To determine the app development cost, multiply the number of hours by the hourly rate. Here is a gist of factors that you should consider if you want to create a mobile app!

A mobile app can be categorized as a native app (specific to the platform), as a web app (responsive versions of the website), and as a hybrid app (a combination of both native and web apps, wrapped within a native app with its own icon and an ability to be downloaded from an app store).

Estimated Standard Cost To Build Your Own Mobile App In 2023

The mobile app development cost of developing an app ranges from $5,000 - $3,00,000.

The average cost of developing a basic app is $5000 - $50,000. It should have a minimum viable product and a basic user interface to go forth. 

The cost to build a medium app is $50,000 - $1,00,000. An app with medium complexity should include the criteria for user engagement, app monetization, social media integrations, payment gateway, audio/video streaming, user privacy, etc. It can have sophisticated features and a custom user interface.

A complex app costs somewhere from $1,00,000 - $300,000 depending upon the inclusion of the complex latest technologies like AR/VR/AI/ML. Such apps can also include multi-language support, high-end data logic, can have a bespoke user interface, and two platforms.

According to Business of Apps, the cost to create a simple app starts at $16,000 and goes up to $32,000. An app with medium complexity starts at $32,000 and goes to $48,000. A complex app that requires more than 6 months to build comes to around $72,000+. Moreover, the cost to hire a US app developer is approximately 1,05,000 per year.

Which factors should be considered while determining the cost of mobile app development?

  1. Top Mobile App Types: The type of the application (mobile, iPhone, android, web, startup, taxi booking app, game app, food delivery app, retail app, augmented reality app, ecommerce app, social media app, business app, learning app, video streaming app, restaurant app, community app, CMS app, Dating app, Hybrid or cross-platform app, healthcare or hospitality app, beauty or entertainment app, on-demand or informational app or any other typical app you can think off) can be another important factor in consideration while selecting the cost of app development.

    But the cost to develop an app (E.g a food delivery app) might vary in the US, India, United Kingdom, Australia, Africa, China, Finland, or any other country - owing to development team availability, their specific skillset, their experience, their time zones, their cost to the company, NDA or any other legal obligations.
  2. The App Features: While this list is illustrative, many more features have to be considered in real life. Connect with a specific app development agency or Mobile app development company in India to know the exact way around
  3. Mobile App Categories: Besides the type and features of mobile applications, the app categorization/mobile app type a.k.a iOS App, Android app, or Hybrid app is also helpful in detecting the cost of app development.

    1. iOS App can be built for $75,000 - $500,000
    2. Android App can be built for $50,000 - $500,000
    3. Hybrid App can be built for $90,000 - $700,000
  4. App Design and Animation: User interface and user experience is the next factor that is key to ensuring that the users download, install, and use your app. While the standard design may differ from the custom design, the unique features, wireframing, and animation add to the overall cost of the app.
  5. App platform: It should be your final call in estimating various components and determining the cost of app development. If you are a startup and have a limited budget, going for hybrid app development or cross-platform app development will be conducive. If you want to expand, and are an established business elsewhere, choosing a native app platform (iOS and Android) works best. As you hire an Android app developer in India, also consider that web app platforms, progressive web apps, and hybrid apps can be helpful in taking you ahead and amplifying your digital presence.
  6. Other considerable factors: Other factors that affect the cost to build an app is app maintenance (including app bug fixes, design changes, code re-usage, size and location of the development team) + cost factor and requirements like development time, developers, UI/UX designer, project manager, QA specialist, business analyst, DevOps, Solution architect, etc. + the need to hire a QA engineer, infrastructure costs, IT support costs, app publishing costs, and app security.

In Conclusion,

The requirements that we have discussed above are standard and estimated ones. This will help you get started in your mobile app development process, but you need to check your business requirements, budget, and time constraints to proceed. Need help with your mobile app ideas? Hire app development agencies in India that offer cost-effective app development and create mobile apps for business!